South Africa’s contribution is guided by Attachment 2 of the Articles of Agreement of the New Development Bank – the schedule of Payment of Initial Subscriptions to the Paid in Capital by the Founding Members.
a)
b)
- The capital obligation for the year 2018/19 is US$300 million.
- The capital obligation for the year 2019/20 is US$300 million.
- The capital obligation for the year 2020/21 is US$350 million.
- The capital obligation for the year 2021/22 is US$350 million.